Parnassus Investments LLC grew its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 16.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 450,355 shares of the restaurant operator’s stock after acquiring an additional 65,218 shares during the period. Parnassus Investments LLC’s holdings in Chipotle Mexican Grill were worth $17,649,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the business. Operose Advisors LLC acquired a new stake in Chipotle Mexican Grill during the 2nd quarter valued at approximately $25,000. Signature Resources Capital Management LLC acquired a new position in shares of Chipotle Mexican Grill in the 2nd quarter valued at approximately $28,000. Lavaca Capital LLC purchased a new position in shares of Chipotle Mexican Grill during the 2nd quarter valued at approximately $28,000. Activest Wealth Management grew its position in shares of Chipotle Mexican Grill by 109.3% during the second quarter. Activest Wealth Management now owns 517 shares of the restaurant operator’s stock worth $29,000 after buying an additional 270 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Chipotle Mexican Grill in the second quarter worth $29,000. Institutional investors and hedge funds own 91.30% of the company’s stock.
Chipotle Mexican Grill Stock Up 2.3%
CMG opened at $40.10 on Friday. The company’s 50-day moving average price is $34.57 and its 200 day moving average price is $40.96. Chipotle Mexican Grill, Inc. has a fifty-two week low of $29.75 and a fifty-two week high of $59.57. The firm has a market cap of $53.02 billion, a price-to-earnings ratio of 35.49, a price-to-earnings-growth ratio of 3.75 and a beta of 0.97.
Wall Street Analyst Weigh In
A number of research analysts have commented on CMG shares. Telsey Advisory Group started coverage on shares of Chipotle Mexican Grill in a research note on Friday. They set an “outperform” rating and a $50.00 price objective on the stock. Mizuho upped their target price on shares of Chipotle Mexican Grill from $36.00 to $38.00 and gave the company a “neutral” rating in a research note on Friday. Gordon Haskett downgraded Chipotle Mexican Grill from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Cowen restated a “buy” rating on shares of Chipotle Mexican Grill in a research note on Monday, January 5th. Finally, Barclays increased their target price on Chipotle Mexican Grill from $38.00 to $44.00 and gave the stock an “equal weight” rating in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.
View Our Latest Report on Chipotle Mexican Grill
Trending Headlines about Chipotle Mexican Grill
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Telsey Advisory Group initiated coverage with an Outperform rating and a $50 price target — a fresh analyst endorsement that signals confidence in Chipotle’s growth story and likely helped buying interest. Telsey Initiation
- Positive Sentiment: Truist raised its price target to $50 and kept a Buy view, another firm pushing upside expectations that supports the rally. Truist PT Raise
- Positive Sentiment: Analysts are highlighting Chipotle’s strong earnings‑surprise history and the company’s setup to beat again, which bolsters confidence ahead of future reports. Zacks Earnings Beat Thesis
- Positive Sentiment: Product strategy: Chipotle’s push of higher‑protein menu options aimed at GLP‑1 users is being viewed by analysts as a demand catalyst and potential market share win among health‑focused consumers. Benzinga High‑Protein Push
- Positive Sentiment: Barclays and other brokers are publicly forecasting upside, adding to the positive analyst tone supporting the stock. Barclays Note
- Neutral Sentiment: Bernstein reiterated an Outperform rating but cut its price target to $40 — a mixed signal that keeps medium‑term conviction but reduces near‑term upside. Bernstein Note
- Neutral Sentiment: Mizuho nudged its target to $38 with a Neutral rating, reflecting more cautious positioning by some sell‑side desks amid recent gains. Mizuho Note
- Negative Sentiment: Valuation and momentum concerns: several pieces question whether the recent rebound has stretched pricing relative to fundamentals (P/E near decade lows versus past but still elevated vs. peers) — this commentary can cap upside and prompt profit‑taking. Yahoo: Pricing Stretched?
- Negative Sentiment: Macro/consumer risk: opinion pieces label Chipotle as a possible “value trap” if same‑store sales weakness persists; new federal nutrition guidelines also introduce uncertainty about dining‑out behavior. Fool: Value Trap Analysis CNBC: Nutrition Guidelines
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.
The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.
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